US Stocks Plummet on First September Trading Day

Reported about 1 month ago

On the first trading day of September, US stocks experienced significant declines, with the Dow dropping 600 points (approximately 1.5%), the S&P 500 declining by 2.1%, and the Nasdaq Composite falling nearly 3.3%. This downturn was noted to align with historical trends indicating September as a challenging month for equities, particularly impacting chip stocks such as Nvidia and Broadcom.

Source: YAHOO

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